Letters : Slick work

In both articles it was either stated or implied that salvors operate on a "no cure, no pay" basis. Although in principle this is correct, it must be said that the modern Standard Form of Salvage Agreement (LOF-95) contains a clause relating to an actual or imminent pollution incident. This allows the salvor to make a claim for compensation when it has used its "best endeavours" to prevent or minimise damage to the environment that may be caused by the escape of any pollutant from a vessel. This compensation will cover all reasonably incurred expenses and a "special compensation" may also be awarded of up to 30 per cent of the total expenses. This may be increased to 100 per cent by a tribunal.

The main reason for the ...

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